Bingo wafers, made by ITC Ltd., sit for sale at a shop in Mumbai. (Photographer: Adeel Halim/Bloomberg News)

GST Anti-Profiteering: Investigating Agency Charges ITC Of Making Undue Profits

The Goods and Service Tax investigation body has found consumer goods maker ITC Ltd. guilty of making undue profits by not passing on the benefit of tax rate cut to consumers.The Directorate Genera...